MAMAN RAM AND ORS vs RAM NIWAS AND ORS

vnc BEFORE THE NATIONAL LOK ADALAT, PUNJAB AND HARYANA HIGH COURT, CHANDIGARH 502 FAO-782-2013 MAMAN RAM AND ANR. VS RAM NIWAS AND ORS Present: Mr. Balraj Gujjar, Advocate for the appellants. Mr. Preet Harinder Singh Pannu, Advocate respondent No.3-ICICI Lombard GIC Ltd. ESE As agreed, as per statement of learned counsel for the appellants (separately recorded) and learned counsel for the Insurance Company (separately recorded), a sum of Rs.5,00,000/- (Rupees Five Lakhs Only) over and above the amount awarded by the Tribunal is allowed to the appellant in full and final settlement of the claim in this appeal. As per the statement of learned counsel for the appellants, the enhanced amount is to be paid to appellant No.1. Accordingly, we dispose of the present appeal with a direction to the Insurance Company to deposit a crossed-cheque for an amount of Rs.5,00,000/- (Rupees Five Lakhs Only), in the name of appellant No.1- Maman Ram with the office of the Lok Adalat of the High Court within a period of 08 weeks from today, in compliance of this order, failing which, interest @ 9% per annum shall follow on the above-said amount till payment from the date of this order. The concerned Of